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Kincora Real Estate, Calgary AB. February 2010 Statistics

Posted by Jeff Campbell on Thursday, March 4th, 2010 at 2:43pm.

Kincora Real Estate statistics February 2010. Homes for sale in Kincora Calgary, Kincora MLS or a Free Kincora Market Evaluation contact Jeff Campbell now. www.KincoraRealty.com

Kincora Real Estate Market Statistics for February 2010. Kincora is a community of Calgary, Alberta.
I’M Jeff Campbell of the Jeff Campbell Team with Century 21 the Professionals. We specialize in Kincora Real Estate.
Here are your Kincora real estate statistics.  February 2010 there’s 24 homes for sale in Kincora versus last month, there were eleven.  The number of homes sold went from four down to one in February.  That’s going to throw off the number a little bit with only one home sold for a comparative sake, so the average price was 446, the median price was 446, which means there's only one house sold, so that’s the number.  It shows prices are down 8% to 9% that’s not reflection of the market in Kincora by any means.  That home did sell on eleven days, so it did bring the days on market down, but again, that’s reflective of just one property selling.

February 2010 versus February 2009, there are 24 homes versus 30, so a little bit less inventory from a year ago.  Three home sales versus one again and that’s going to throw the numbers off, house prices are down 5% and 7%.  It’s just the value of properties that are selling in the month are going to bring the averages down.  Kincora’s real estate market is still very strong.  I think it’s—the Calgary’s market and including Kincora’s market is a very stable market today, a very balanced market and I think as we go forward in the future this year, we’re going to see a lot of people purchasing homes.  There are a lot of people sitting on the sidelines for the last two years and now that we have consumer confidence back, I think we’re going to see a pretty strong real estate marketing comparisons in the last couple of years.

That’s your Kincora real estate market update.

If you have any questions about the Kincora real estate market, or Calgary Real Estate market, Kincora homes for sale, or would like a free market evaluation of your home. Call the Jeff Campbell Team now 403-816-4449 or visit www.KincoraRealty.com your Kincora Real Estate experts!

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